RBI Cancels Paytm Payments Bank Licence Over Compliance Issues
Mumbai, April 24, 2026 (Udaipur Kiran): In a major regulatory action, the Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank Limited, citing serious violations and concerns over its functioning. According to RBI, the licence stands cancelled with effect from the close of business on April 24, 2026. The regulator stated … Read more